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16 Oct
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Seeing Machines reports near 50% jump in full-year sales

Seeing Machines saw its top-line grow by nearly half during its latest financial year.

16 Oct
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US close: Stocks rally ahead of earnings season

US stocks rose strongly on Monday, with the S&P 500 having its best day in nearly two months, as bond yields largely shrugged off ongoing conflict in the Middle East, .

16 Oct
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London close: Stocks edge up as investors keep an eye on Middle East

London stocks had risen by midday on Monday, boosted by firmer commodity prices, as investors continued to eye developments in the Middle East and looked ahead to a busy macro and corporate calendar.

16 Oct
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Europe close: Stocks rise, but Polish markets surge after election

European stock markets closed with gains on Monday despite some weakness in the heavyweight pharmaceutical sector, but Polish equities outperformed after a dramatic weekend election vote.

16 Oct
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Broker tips: Ocado, Severn Trent, United Utilities, Pennon, Seeing Machines

Ocado was under the cosh on Monday after Barclays downgraded shares of the online supermarket to ‘underweight’ from ‘equalweight’ and slashed the price target to 430p from 680p, pointing to a "particularly challenging" valuation.

16 Oct
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FTSE 100 movers: St James's Place, Next in the black

London’s FTSE 100 was up 0. 6% at 7,645. 77 in afternoon trade on Monday.

16 Oct
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FTSE 250 movers: Hipgnosis sinks on dividend cut, Energean stages rebound

Hipgnosis tumbled on Monday after saying it will no longer pay an interim dividend in order to make sure it complies with its debt covenants, as it now expects lower payments from its US catalogue.

16 Oct
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Jefferies upgrades UK water companies

Jefferies upgraded Severn Trent, United Utilities and Pennon on Monday as it took a look at the UK water sector.

16 Oct
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US open: Stocks move higher despite Middle East tensions

Wall Street's main market gauges were moving higher at the start of the week even as investors kept their eyes trained on the news flow out of the Middle East.

16 Oct
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Canaccord still sees "good potential upside" at Jubilee Metals

Canaccord Genuity has trimmed its target price for Jubilee Metals Group by 8% after the metals recovery company disappointed the market last week with its full-year results.

16 Oct
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BoE's job of containing inflation not yet done, says chief economist

The Bank of England has "some work to do" to get inflation back down to the 2% target, according to the central bank's chief economist on Monday.

16 Oct
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Investor AVI asks shareholders to vote against Hipgnosis catalogue sale

Hipgnosis shareholder Asset Value Investors told shareholders on Monday that they should vote against the company’s planned $465m sale of some of its catalogues to a partnership between its investment adviser and funds advised by Blackstone.

16 Oct
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Hipgnosis cancels interim dividend, shares tumble

Hipgnosis tumbled on Monday after saying it will no longer pay an interim dividend in order to make sure it complies with its debt covenants, as it now expects lower payments from its US catalogue.

16 Oct
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Tristel profits jump as US sales kick off

AIM-listed Tristel saw profits jump by over a third in the year to 30 June after smashing its internal growth targets, and said it has started shipping products to its first customers in the US after a recent FDA approval.

16 Oct
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Abrdn to sell European PE business to Patria Investments for up to £100m

Abrdn said on Monday that it has agreed to sell its European-headquartered private equity business to Nasdaq-listed Patria Investments for up to £100m.

16 Oct
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London midday: Stocks gain on commodities boost

London stocks had risen by midday on Monday, boosted by firmer commodity prices, as investors continued to eye developments in the Middle East and looked ahead to a busy macro and corporate calendar.

16 Oct
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Genel Energy reports ramp up of production from Tawke field

Genel Energy announced that crude oil output from the Tawke field in Iraq's Kurdistan region was continuing to ramp up.

16 Oct
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Asia close: Stocks end mostly lower with Israel-Hamas war in focus

Stocks in the Asia Pacific region ended mostly lower on Monday as investors around the world kept a close eye on the news-flow out of the Middle East.

16 Oct
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EY sees "reasons for optimism" as it upgrades UK GDP forecast for 2023

High interest rates will have an inevitable impact on UK GDP, but the economy should still be able to avoid a recession – that's according to experts at consultancy giant EY.

16 Oct
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Audioboom revenues drop due to weak advertising market, contract loss

Podcast company Audioboom posted a decline in revenues on Monday as it pointed to a weak advertising market and the loss of one of its contracts.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.

The value of investments can fall and you may get back less than you invested.